Bon Secour Village sold for $4.5M

According to the Press-Register, the 842-acre property, which was designed to include condominiums, upscale neighborhoods and retail space, was bank-owned and include 4,000 feet on the Intercoastal Waterway.

The company also has plans to purchase the 60-slip marina at the facility, which has five occupied homes and a 3,500-square-foot sales office.